Notification No. 68/2015 – Income Tax the 11.1ot-11m-tax. Act, 1961 (43 of 196] the Central Government hereby notifies hr the purposes_ of the said clause. “Kerala shops and Commercial .Establishments Workers’ Welfare Fund Board”, a Board established under the Kerala Shops and Commercial
Notification No. 67/2015 – Income Tax the Income-tax Act, 1961 (43 of 196 l), the Central Government hereby notifies for the PurPoScs of the said clause, ‘Kerala Abkari Workers Welfare Fund Board’, established by the Government of Kerala, in respect of the following specified income arising to the
Assessee claimed deductions on account of excise duty paid and interest thereon which was originally allowed by AO but subsequently rectified u/s 154 by making addition of the same. ITAT examined the facts
In this case assessee with an intention to shift its industrial undertaking from urban to non-urban area sold its land, plant & machinery, building etc. and out of capital gain earned he made advance payments to various persons to purchase land, plant & machinery, building etc.
In this case AO made certain addition being disagreed from the submissions of the assessee. Being aggrieved from the assessment order assessee filed appeal before CIT (A). After considering submissions of the assessee and noticing that the provisions of Section 14A has to be invoked
All the while, we are witnessing more emphasis on accounting standards, guidance notes, CPE seminars on new developments etc. Yes, it is essential for a Chartered Accountant a.k.a. auditor to be abreast with new developments and align themselves with fellow professionals in developed world.
M/s. ITC Limited Vs. CESTAT, Bangalore (Andhra Pradesh High Court) Larger Bench of Supreme Court had categorically held that any duty paid under mistake of law can be recovered only by resort to the provisions of Section 11B of the Act.
Notification No. 66/2015 – Income Tax S.O._____ (E). • In exercise of powers conferred by clause (6C) of SeCtiOn 10 of the Income —tax Act, 1961 (43 of 1961), the Central Governmeni hereby specifies that any income arising to Mis Rosoboronexport. the Federal State Unitary. Enterprise, having its registered office at 107076, Moscow, StrOMyTIka Strtxt. 27/3, Russia. by way of royalty or fees for
Notification No. 65/2015 – Income Tax (E)• – exercise of the powers con ferrc„..4 by clause 146) szci ion 10 of the Income-tax Act., 1961 (43 of 1961), the Central Government hereby nolifies for thepurposes of she i f clause, “Telangana Slaw Electsicity Regulatory Commission”, a Commission constituted by the (iovernment of Telangana in respect of the ibllowing
Notification No. 64/2015 – Income Tax Si)………….. (E). – In exercise of the powers conferred by clause (46) of section 10 of the income-tax Act, 1961 (43 of 1962), tic Central Government hereby notifies for the purposes of the said clause, “Karnataka State Rural Livelihood Promotion Society”, a
